Blue Bunny and beyond: Former CEO Mike Wells and wife, Cheryl, share ‘How We Money’

“The question is always, ‘Why?’ Why sell a successful business? Well, there’s always the rest of the story.” In early 2023, Mike and Cheryl Wells sold their family’s business, Wells Enterprises — the renowned, Iowa-based maker of Blue Bunny ice cream. They recently joined an episode of the Sioux Falls podcast “Common Cents on the Prairie™” to share their […]

OFAC Compliance: A Risk-Based Approach

– Dixie K. Hieb, Davenport Evans, an ICBSD Preferred Partner OFAC – “What is that, and do I care?” The answer to the latter question should be a resounding “Yes” if you are in bank management, compliance, account onboarding, or transaction monitoring. OFAC, the acronym for the Office of Foreign Assets Control of the U.S. […]

Small Bankers Go Above and Beyond in Bruce

Your friendly hometown bank is Richland State Bank, manned by a team of just five, who all wear many hats to serve their customers. Twenty-seven-year veteran of Richland State Bank, Pennie started as a compliance officer and assistant VP after working as an FDIC bank examiner. Tiffany joined the bank in 2015, drawing on her […]

Gearing Up for the Capitol Summit

— Valerie Anderson-Boudaka, ICBA National Director,     Farmers State Bank of Canton, Canton, SD Hello, Community Bankers!  In preparation for the Capitol Summit – which is scheduled for April 28th to May 1st in Washington, D.C.- ICBA has updated its “Advocacy in Action” dashboard.  This can be found in the “Advocacy” section of ICBA.org.  […]

YOU MAKE A DIFFERENCE

— Jack Hopkins, ICBA Vice Chairman, President & CEO, CorTrust Bank,      Sioux Falls, SD Megan recently reached out to me and asked me if I would be willing to write an article for “The Bottom Line”. I thought, sure, why not. I feel very privileged to be in the position of going through […]

Steady at the Helm: HOW TO LEAD YOUR BANK THROUGH UNCERTAINTY

— Josh Hogue, Chairman of ICBSD, President, Reliabank Dakota We live in an era of continuous change. Consumer behaviors, technologies, regulations, competition from fintech and non-banks, economic forces, and global politics – the banking landscape today is shifting like never before. In the middle of all this change, it is easy to feel like we’re […]

Committed to Execution and Vision

—Megan Olson,President & CEO, ICBSD It’s hard to believe that it’s already been six years since I first met with the leadership bankers of ICBSD to discuss their search for an association President. In our many individual and group conversations, a clear vision for ICBSD emerged, rooted in the association’s long history of tradition and […]

WHAT SOUTH DAKOTA INDEPENDENT COMMUNITY BANKS CAN LEARN FROM DAN GABLE

by: Megan Olson, President & CEO, ICBSD I recently had the honor of meeting the legendary Dan Gable, a figure revered in the world of college wrestling as one of the greatest of all time. Gable boasts an impressive resume, including two NCAA Division I national championships, a world gold medal, and an Olympic gold […]

It’s time for the Next Generation of Community Bankers to Carry the Torch

by: Josh Hogue, Chairman of ICBSD, President, Reliabank Dakota 2024 is in full swing, and the pulse of our community banking landscape should be top of mind. As we navigate the ever-evolving community banking landscape, it is imperative that we recognize the vital role the team members within our banks play in our industry’s collective […]

Champions of Community: The Behl Family’s Enduring Legacy in Scotland, SD

Nestled 28 miles northwest of Yankton, South Dakota, lies the close-knit town of Scotland, a community with an impressive track record. With a population of around 900, Scotland boasts a thriving K-12 school, meticulously maintained parks and recreational spaces, a bustling Main Street teeming with local businesses, a local hospital, and the distinction of being […]